Plan Ledger DOL Form 5500 · updated monthly

Salem Holding Companybenefits

Group Protection Plan for Employees of Salem Holding Company · WINSTON-SALEM, NC · plan year 2024

Broker compensation reported · 2024
$264,760

Salem Holding Company's benefits plans covered 807 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $264,760 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $328 per covered person, above the median for employer plans that report broker pay. Broker pay fell 17% from $317,611 in 2023.

Insurance contracts · 20247
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 807 covered
STARMOUNT LIFE INSURANCE COMPANY · dentalpremiums n/a · 621 covered
STARMOUNT LIFE INSURANCE COMPANY · visionpremiums n/a · 530 covered
MADISON NATIONAL LIFE INSURANCE COMPANY · std ltdpremiums n/a · 448 covered
UNUM INSURANCE COMPANYpremiums n/a · 400 covered
UNUM INSURANCE COMPANYpremiums n/a · 307 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 341 covered
Brokers & agents paid · 20241
HUB INTERNATIONAL MIDWEST LIMITED$264,760 · incl $40,278 fees
Also brokered by HUB International5
Autozone, Inc. TN$4,329,860
Aspen HR Peo, LLC FL$3,007,524

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 561740888 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.